News Centre

Hong Kong's Securities And Futures Commission Reprimands And Fines Nomura International (Hong Kong) Limited HK$4.5 Million For Regulatory Breach

Date 30/07/2015

The Securities and Futures Commission (SFC) has reprimanded and fined Nomura International (Hong Kong) Limited (Nomura Hong Kong) HK$4.5 million for failing to report significant misconduct by a former trader in a timely manner.

Shenzhen Stock Exchange Market Bulletin 27 July, 2015, Issue 12

Date 30/07/2015

Market Review

Last week, Shenzhen Component Index stood at 13518.5 points after adding 3.9%. SME Index edged up 3.8% to 9075.2 points. ChiNext Index advanced 4.1% to 2897.8 points. Total turnover for stocks and funds on SZSE was US$545.0 billion, or a 27.0% increase from the week before.

JPX Published An English Version Of JPX Working Papers, Vol.4 “Analysis Of High-frequency Trading At Tokyo Stock Exchange”

Date 30/07/2015

JPX Working Papers highlight research and studies on changes in the market and regulatory environment with the aim of raising competitiveness. Conducted by officers and employees of JPX, its subsidiaries, and affiliates, as well as outside researchers, JPX Working Papers are intended to draw comments widely from academia, research institutions, and other market participants and observers.

Tel Aviv Stock Exchange Weekly Review: July 26-30, 2015

Date 30/07/2015

• Trading on the Tel-Aviv Stock Exchange (TASE) on the fourth week of July, was marked a mix trendin the leading share indices; 
• Further offerings in the bond market

Duff & Phelps’ Kinetic Partners Division Comments On ESMA’s Recently Released AIFMD Passport Announcement

Date 30/07/2015

Andrew Shrimpton, Managing Director and Global Head of Compliance Consulting at Duff & Phelps’ Kinetic Partners division, comments on ESMA’s recently released AIFMD passport announcement:

“We welcome ESMA’s opinions and advice to the EU Commission on AIFMD arrangements, many of which reflect previous views published by the organisation. In particular, ESMA has taken an individual country approach, rather than prescribing a ‘one size fits all’ basis. This will be good for the development of fund management in Jersey, Guernsey and Switzerland in particular. We are surprised that the Cayman Islands, as the largest non-EEA domicile of hedge funds, was not assessed at this time."

Financial Stability Board: Next Steps On The NBNI G-SIFI Assessment Methodologies

Date 30/07/2015

The Financial Stability Board (FSB) is announcing today that it has decided to wait to finalise the assessment methodologies for non-bank non-insurer global systemically important financial institutions (NBNI G-SIFIs) until the current FSB work on financial stability risks from asset management activities is completed. This will allow further analysis of potential financial stability issues associated with asset management entities and activities to inform the revised assessment methodology.

SEC Charges Operators Of Fraud Based In Upstate New York

Date 30/07/2015

The Securities and Exchange Commission today charged two men and eight companies with defrauding investors, many of them upstate New York residents, who purchased the companies’ securities and so-called “charitable gift annuities.” 

UK Financial Conduct Authority: Megan Butler Appointed Director Of Supervision - Investment, Wholesale And Specialist

Date 30/07/2015

The Financial Conduct Authority (FCA) today announced that Megan Butler will be joining the FCA on secondment from the Prudential Regulation Authority (PRA) to take the role of Director of Supervision – Investment, Wholesale and Specialist.

Federal Reserve System Appoints Faster Payments Strategy Leader

Date 30/07/2015

The Federal Reserve System on Thursday announced the appointment of Federal Reserve Bank of Chicago Senior Vice President Sean Rodriguez as its Faster Payments Strategy Leader. In this role, Rodriguez will lead activities to identify effective approaches for implementing a safe, ubiquitous, faster payments capability in the United States.

Deutsche Börse Places Hybrid Bond Of EUR 600 Million - Financing Of STOXX Transaction Completed

Date 30/07/2015

Deutsche Börse AG has successfully placed a hybrid bond on the market in an aggregate principal amount of EUR 600 million due in 2041. The notes carry a yearly coupon of 2.75 per cent until the first call date in February 2021. Listing of the notes will take place in the regulated market of the Luxembourg Stock Exchange and in the regulated market of the Frankfurt Stock Exchange with participation in the Prime Standard for corporate bonds.